
The Federal Reserve announced its first interest rate hike in 3 years as Americans are seeing higher prices overall due to months of rising inflation. Interest hikes can be an effective way to tame inflation, but how long will it take to play out and in the meantime, what does that mean for you? NBC’s Jo Ling Kent reports in this week’s Sunday Focus.
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#news #inflation #interest #FederalReserve #economy #gas
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Historically interest rate hikes have done squat to tame inflation, is this woman on crack?
How is the job market strong when people are offered low wages, the wages don’t meet the cost of living.
Dems thought things will be better under Brandon lmao 😆.
inflation will be like in 1970s 20-30% and FED can't fight it and won't. Why? Cuz US citizens 130% in debt, any rate hike will destroy US economy. FED won't rise rates anymore so it means you'll be poor. And this is a direct consequence of unlimited money printing enjoy hard times.
Metamucil:check!
Whitey tighties/diaper:check!
Talk about constipation:check!
Geriatric stories: you bet! "Ask me about "Corn Pop"
We need to get these incompetent leaders out of office who refuse to take responsibility for their actions. Inflation is rising not because of the pandemic, it's not because of Russia, it's because of our 30 trillion dollar debt and the incompetent leeches in office who keep spending money we don't have. All I have heard from this administration is excuses.
Some people honestly think that inflation just happens out of the blue, for no good reason. As you hear in this clip, high gas prices can trigger it, and it’s no difference in our time. Don’t Underestimate Joes ability to fk things up! He blames Russia, but he had us relying on Russian oil, because of his policies.
Next month inflation reach 15% probably
We've been waiting since start of March of 2020 when they said by October 2020 inflation should have come down, it NEVER DID….!!
I miss the 90's……
What a mess 😳
They need to stop printing and spending money they do not have. This is the Democrats fault
On March 27, 2020 Trump signed the $3.1 Trillion Corona virus Aid and Relief Economic Security (Act). The C.A.R.E.S. Act. All of it was printed paper or fiat money. President Biden signed the $1.9 Trillion Economic Recovery Stimulus Act in 2021. Again, all was printed paper fiat money. And lets not forget that both Republicans and Democrats in Congress both approved these bills before that were signed into law. A total of $5 Trillion of fiat money, in a year, pumped into the economy to get the US trough the worst of the pandemic. So… Trump is responsible for approximately 62% of our current inflation, and Biden approximately 38%. All the non fiat money price increase occurring since then are the result of supply and demand issues mostly, but not entirely, brought on by the pandemic. The lack of smooth predictable distribution of goods due to the truck driver shortage (long in the making before the pandemic) are supply and demand related, NOT inflation related. Separate Inflation (the devaluation of the dollar by printing unearned money) from price increases due to supply and demand. Also, the current threat of invasion of Ukraine by Russia (Russia being the second largest producer of oil in the world) and related possible sanctions of Russia, are responsible for the some of the increase in gas pump prices. If Russia invades Ukraine expect $5+ gasoline. Freedom isn’t free now is it?
Looks like the usa is having more issues then Russia … Our economy is very fragile
I came to this video just to see Hale and Jo, both girls different but both pretty !!
I would like to thank the DNC (The Fourth Reich) for almost single handedly destroying the US economy.
The Federal Reserve Board does more than anybody or anything in the USA to screw up the economy!!!! They are nothing but a pack of financial witch doctors, tarot card readers and crystal ball gazers who think that by fooling around with interest rates, they can make the economy, an extraordinarily complex mechanism, do what they want it to. They do far more harm than good!!!!! Their dictating the path of the economy actually uses methodology right out of Das Kapital!!!!! Get rid of them!!!!!!!
inject 8 trillion from thin air into the economy, raise minimum wages and then act clueless on why there is inflation.. gold is undervalued 15-20x or even more.. only a global war will reveal true value of rare metals
TRUMP STRONG !! like ManlyMan Pootin & Talibans –
https://youtu.be/uIKBXgWcnYs
Bull the FED gave Wall Street and Big Business 9 trillion and home morgatges 5 trillion in reverse repo in a year. Call it like it is saving the 1 percent cost you the soul of the US dollar.🤮🤮🤮🤑🤑🤬🤬💩💩💩🔥🔥🔥💥💥💥
Don't care.
We need reparations from Biden voters 😂
To little to late to slow inflation so prices will continue to rise past 10%.
Capitalism is killing us. We need laws to limit price increases to the amount of price increases on production. We need higher wages and laws to fix all the ways corporations steal from us. Nickel by nickle, they steal the wealth of the poorer half of society instead of being satisfied with being very rich, they must be ULTRA rich. Get money out of politics. Stop allowing politicians to own stocks in industries they make laws for. Stop corporate socialism. We shouldn't be subsidizing corporations that destroy our environment, our health, our right to fair earnings and fair housing costs.
Bidenflation
Inflation isn’t coming down next year. You folks are clueless about where raw material costs are.
Ummmmmmmmm, maybe mention the Biden $2T SPENDING?????????????? WTF.
.25% LOL
Remember when they said it was transitory. The deep state is protecting their democrats.
wow i know Mr charles schwab. I met him at a conference in california 2019 where he introduced us in his business strategy, he helped me cover my student loans.
There are platform where you can invest and they trade your money. Then pay you profit either weekly or monthly. That's investing.
It requires money to make money this is the best secret I have ever heard we don't make money we make multiple money..
Because of the economic crisis and rate of unemployment now is the best time to invest and make money
The secret of the future is hidden in your daily routine. Crypto and forex trading is the future.